I saw an object in the sky above Little Rock. It first appeared to be an airplane without any discernable features or a shiny balloon. It was moving too fast to be a balloon and an airplane has discernable features. It moved across the sky at, what appeared to be a high rate of speed, for about 3 minutes, when it slowed and seemed to hover in a small area. After about 30 seconds, it rose slowly into the clouds.